U.S. President Donald Trump agreed to consider exempting Australia from his steel and aluminium tariffs in view of the country's trade surplus with the United States, following a phone call with Prime Minister Anthony Albanese.

US President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminium imports after a telephone call on Tuesday with Australia’s prime minister Anthony Albanese.

While a timeline for a decision has not been announced, both countries agreed a tariff exemption for Australia was “under consideration”.

Anthony Albanese has a call scheduled with US President Donald Trump and lobby for Australia to be exempt from sweeping 25 per cent tariffs on steel and aluminium.

Prime Minister Anthony Albanese has said he has a call scheduled with United States President Donald Trump to discuss an exemption from planned tariffs on steel and aluminium. Trump appeared set to announce new tariffs this week, hinting at the policy while onboard the presidential plane, Air Force One.

US President Trump is considering a tariff exemption for Australian steel and aluminum imports after discussions with Prime Minister Anthony Albanese. The US-Australia trade surplus and Australia's defense contributions were influential.

SYDNEY (Reuters) - U.S. President Donald Trump has agreed to consider an exemption for Australia over steel and aluminium tariffs, Prime Minister Anthony Albanese said on Tuesday. "It was a very constructive and warm discussion .. with President Trump," Albanese said during a media conference after his phone conversation with Trump.